CCA Industries Inc
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Consumer Staples : Personal Products | Small Cap ValueCompany profile

CCA Industries, Inc. (CCA) manufactures and distributes health and beauty aid products. The Company is engaged in the sale of products in several health-and-beauty aids over-the-counter drug and remedies, and cosmeceutical categories. Under its brand names, the Company markets several different but categorically related products. The Company's principal brand and trademark names include Plus+White (oral health-care products), Sudden Change (skin-care products), Nutra Nail (nail treatments), Bikini Zone (pre and after-shave products), Hair Off (depilatories), Solar Sense (sun-care products), Sunset Cafe (perfumes), Lobe Wonder (ear-care product) and Scar Zone (scar diminishing cream).The Company markets its products to drug, food and mass-merchandise retail chains, warehouse clubs and wholesalers, throughout the United States, and through distributors internationally.

Closing Price
$2.77
Day's Change
0.00 (0.00%)
Bid
--
Ask
--
B/A Size
--
Day's High
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Day's Low
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Volume
(Light)
Volume:
0

10-day average volume:
3,066
0

Greystone Provides $19.5 Million in both Senior and Mezzanine Fannie Mae Loans for Texas Property Acquisition

9:57 am ET September 9, 2019 (Globe Newswire) Print

Greystone, a leading commercial real estate lending, investment, and advisory company, has provided two Fannie Mae loans totaling $19.5 million to finance the acquisition of a 216-unit multifamily property in Haltom City, TX.

In addition to a Fannie Mae Delegated Underwriting and Servicing (DUS(R)) Green Rewards loan of $18,237,000, Greystone provided a $1,269,000 Delegated Lender Affiliate (DLA) Mezzanine loan to supplement the first mortgage. Both non-recourse loans, funded simultaneously, carry 12-year terms with different fixed interest rates. With a minimum of $1 million, a Fannie Mae DLA mezzanine loan must accompany a senior mortgage that carries a minimum amount of $10 million, and is secured by a 100% pledge of the equity interests in the borrower.

"Greystone's mezzanine platform, highlighted by this innovative product from Fannie Mae, is a complementary option to assist property investors in completing the capital stack on acquisitions and refinancings," said Anthony Alicea, head of production for Greystone portfolio lending group.

About Greystone

Greystone is a real estate lending, investment, and advisory company with an established reputation as a leader in multifamily and healthcare finance, having ranked as a top FHA, Fannie Mae, and Freddie Mac lender in these sectors. Our range of services includes commercial lending across a variety of platforms such as Fannie Mae, Freddie Mac, CMBS, FHA, USDA, bridge and proprietary loan products. Loans are offered through Greystone Servicing Company LLC, Greystone Funding Company LLC and/or other Greystone affiliates. For more information, visitâ?¯www.greyco.com.

PRESS CONTACT:

Karen Marotta

Greystone

212-896-9149

Karen.Marotta@greyco.com

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